Tamara Hughes Gustavson Net WorthReal Name: Tamara Hughes Gustavson
Date of Birth: 1/1/1961
Place of Birth: California
2017 Net Worth: $4.1 Billion
Profession: Largest shareholder of Public Storage
Tamara Gustavson Biography
Tamara Hughes Gustavson was born in 1961. She is the daughter of B. Wayne Hughes, the founder of Public Storage. Gustavson’s father started the business in 1972 with one storage locker. Public Storage is now America’s largest chain of storage facilities, with more than 2,200 locations throughout the US, Mexico, and Europe.
Gustavson graduated from the University of Southern California in 1983 with a BS degree in public affairs and still sits on the board of Public Storage along with her brother, B. Wayne Hughes, Jr. Back in 2010, her father stated that he would be transferring his assets to his children and grandchildren. Gustavson owns 11 percent, far more than the rest of the family’s shares combined. Perhaps her father bestowed far more on his daughter because Gustavson began working with her father in 1983 and became Vice President. She took a four year hiatus between 2003 and 2007 to start a family, but returned as a board member.
Gustavson lives in the celebrity filled area of Malibu, California, along with her husband and two children. Public Storage continues to be a very successful company and Gustavson has seen her net worth increase by almost $500 million in the past few years. Gustavson is also a member of the board of the USC-CHLA Institute for Pediatric Clinical Research. She is well-known for donating to the HollyRod Foundation, which supports care for people who have Parkinson’s disease, autism, and other diseases.
Gustavson has a current net worth of $4.1 billion, which is sure to rise as Public Storage continues to grow and expand. Even if Gustavson decided to retire tomorrow and never work again, she would be able to travel the world and live extravagantly. This billionaire is known to live a modest and quiet lifestyle, shunning the limelight and publicity.